The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased meat consumption globally is likely to stimulate innovation in pork manufacturing, propelling the market during the forecast period.

The global pork market is expected to grow from $162.55 billion in 2022 to $173.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The global pork market size is expected to reach $191.86 billion in 2027 at a CAGR of 2.6%.

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Global Pork Market Segments Include:

• By Type: Chilled, Frozen
• By Packaging: Store Wrap, Modified Atmosphere Packaging, Vacuum Packaging, Srink Bags, Others
• By Application: Household, Commercial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global pork market in 2021.

Major Market Players in the pork market include JBS SA, Tyson Foods Inc., Pilgrim’s Pride Corporation, Danish Crown, Vion Group, WH Group Limited, Hormel Foods Corporation, Muyuan Foods Co. Ltd., China Yurun Food Group, Bridgford Foods Corporation.

Product innovations are a crucial trend that is gaining traction in the pork market. To maintain their market position in the pork sector, major market players are introducing novel goods. For example, Impossible Foods, a US-based business that makes plant-based animal alternatives, will introduce plant-based pork ‘Impossible Sausage’ in Hong Kong in September 2020. Consumers’ move to a plant-based food system is accelerating. Impossible Sausage made its debut in Hong Kong, where pork dominates the meat business, after being created at home for more than two years. OmniPork, a Thailand-based foodtech firm, launched its counterfeit pork product at grocery shops and restaurants throughout the city.

The Pork Global Market Report 2023  provides a pork market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pork market forecast analyzes pork market size, pork market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Pork is pig flesh that has not been salted or smoked and is typically fresh. Iron and zinc, two vitamins and minerals plentiful in pork, are required by the body. It also contains a lot of high-quality protein. When added to a diet, lean pork that has been minimally processed and fully cooked can provide various benefits.

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